I think the community is maybe the most valuable part of web3.
My friend Caleb wrote about this in a post here, and I agree with him - https://twitter.com/calebhicks/s...
Initially, I thought Web3 is itself a community, later learned its more than that.
But I can see DAO's where the community aspect comes, where people hang out together in discord, take decisions collectively, and are focused on the mission of a DAO.
I think the community is the most important aspect of web3 space. Without a healthy community, it's tough to take important collective decisions especially in Dao's
The role of community and decentralization is what fascinates me the most in web3. Our governing laws and valuation of paper as currency is all a social agreement. The web3 community will potentially rewrite century old agreements. I'm interested in the culture impacts of this.
It's certainly crucial for its full decentralization yet seeing some DAOs in action I find this ability for everyone to have a say at least troubling at times.
It's not that creativity is not to be found in various places but sometimes, when you need to take a difficult, strategic decision then it shall be more relied upon experts, people with actual domain knowledge not by someone who read an article (or maybe even not).
So on one hand it's the design of the community, the organization that it aspires to become but on the other hand it is a challenge for us all, the participants of the web3 projects to stay humble and abstain whenever some merit-based decision is being made (and we happen not to know much about ;-)
Summer Bod 2020